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4208 TERRACE Avenue

4208 TERRACE Avenue

Niagara Falls, Ontario

3 bed • 2 bath • Single Family

$459,900

Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors, end-users, and developers alike. Featuring approximately 1,410 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, detached garage, and fenced yard, the property has been well maintained and is ready for immediate occupancy or leasing. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive option for both tenants and future owners. Beyond its immediate income and lifestyle potential, this property also presents a unique long-term opportunity. The neighboring property at 4115 May Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and upside potential. Whether you're seeking a turnkey investment, a future rental property, or a site with development possibilities, 4208 Terrace Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own research regarding zoning, permitted uses, and future development opportunities.

Price History

Schools

Elementary

  • St Patrick Catholic Elementary School1.1 km

    Catholic · Niagara CDSB · 185 students

    Grade 3 reading: 100% met the provincial standard

  • Simcoe Street Public School1.4 km

    Public · DSB Niagara · 285 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • Valley Way Public School1.9 km

    Public · DSB Niagara · 300 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard

Secondary

  • A N Myer Secondary School3.4 km

    Public · DSB Niagara · 1155 students

    Grade 10 literacy: 89% met the provincial standard

  • Stamford Collegiate3.8 km

    Public · DSB Niagara · 805 students

    Grade 10 literacy: 80% met the provincial standard

  • Saint Paul Catholic High School3.9 km

    Catholic · Niagara CDSB · 790 students

    Grade 10 literacy: 84% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2E

Population
18,587
Private dwellings
9,017
Median age
46.4
Average household size
2.2
Median household income
$60,800

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Niagara Falls · last 12 months

Median sold price
$560,500
Homes sold
1,078
Median days on market
31
Sale-to-list price
96.1%

Based on 1,078 recorded sales of single family properties in Niagara Falls over the last 12 months.

Location

Mortgage Calculator

$91,980

Estimated Monthly Payment

$2,259

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,259/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $115/mo

Estimates only. Consult a financial advisor.

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